AWS veteran Dave Brown to leave Amazon as Dave Treadwell steps in
Amazon is replacing a longtime AWS leader who helped build EC2 as AI demand lifts growth in its cloud business.
Read →
Section
Stocks
Citi’s bullish Copilot note clashes with Cramer’s Microsoft worries
Citi sees stronger Microsoft Copilot adoption and Azure momentum, while Jim Cramer says the upbeat AI take runs counter to what he...
Read →
Buffett calls Kevin Warsh a good choice to lead the Fed
Warren Buffett told CNBC that Kevin Warsh was a “good choice” to lead the Fed as Warsh prepares for another round of Senate testim...
Read →
PSLF borrowers face new repayment limits after July 1 rule changes
New federal student loan rules affect which borrowers can earn credit toward Public Service Loan Forgiveness.
Read →
Warsh says Treasury contact is frequent as he defends Fed independence
Fed Chair Kevin Warsh told senators he speaks often with Treasury Secretary Scott Bessent while insisting rate decisions remain hi...
Read →
Anthropic lines up investor meetings as IPO planning advances
Goldman Sachs, Morgan Stanley and JPMorgan are working on a possible Anthropic listing, CNBC reported, as AI startups move closer...
Read →
Mortgage rates hit highest level since August as purchase demand slips
The 30-year fixed rate rose to 6.65%, MBA data showed, pushing purchase loan applications lower even as refinancing ticked up.
Read →
IBM’s 25% slide puts elevated options premiums in focus
IBM’s revenue warning drove its sharpest one-day drop in decades, while CNBC’s Options Action highlighted a short-strangle trade t...
Read →
Clayton declines to say Biden won 2020 election at DNI hearing
Trump’s nominee for director of national intelligence faced Senate questions on elections, press subpoenas and the stalled surveil...
Read →
SpaceX shares fall below IPO price for the first time
SpaceX stock dropped under its $135 IPO price Wednesday after a fourth straight losing session, CNBC reported.
Read →
DTCC tests tokenized assets with JPMorgan, BlackRock and NYSE
The U.S. post-trade giant is showing how blockchain-based versions of stocks, ETFs and Treasurys could work inside existing market...
Read →
Retirement savers see a $1.2 million goal, but many expect far less
A Schroders survey found a wide gap between Americans’ retirement target and what many workplace plan participants expect to save.
Read →